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Consortium to invest EUR 2bn in solar module production in Germany

Three companies in the German photovoltaic industry are joining forces in a EUR-2-billion (USD 2.18bn) investment initiative to rebuild an integrated value chain for solar module production in Europe's largest economy.

read more... 21/08/2023

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Daily (17.08.2023): Gas prices retreated on Wednesday as stable supplies outweighed Australian gas workers strike concerns

Oil prices declined on Wednesday, influenced by a robust dollar and declining in U.S. crude inventories, even though crude production reached its highest point in three years at 12.7 million barrels per day. Thus, Brent crude fell by 1.7% to close at $83.45 a barrel, while WTI crude traded 2% lower at $79.38 a barrel.

read more... 17/08/2023

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Daily (07.08.2023): Oil prices extended gains on Friday after Saudi Arabia extended its production cuts until September

Oil prices climbed further on Friday, driven by tight supplies, as Saudi Arabia extended its cuts in production until September, while Russia followed its lead. Hence, Brent crude increased by 1.3% to $86.24 a barrel, while WTI crude advanced by 1.6% to settle at $82.82 a barrel.

read more... 07/08/2023

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Daily (07.08.2023): Oil prices extended gains on Friday after Saudi Arabia extended its production cuts until September

Oil prices climbed further on Friday, driven by tight supplies, as Saudi Arabia extended its cuts in production until September, while Russia followed its lead. Hence, Brent crude increased by 1.3% to $86.24 a barrel, while WTI crude advanced by 1.6% to settle at $82.82 a barrel.

read more... 07/08/2023

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Germany commits to ‘blue hydrogen’ in updated national strategy

Germany’s updated hydrogen strategy, unveiled on Wednesday (26 July) places heavy emphasis on imports from Denmark and Norway while securing “blue hydrogen” production from fossil gas using CCS technology to mitigate the related emissions.

read more... 27/07/2023

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